Property Description

New Preconstruction Twelve Oaks Towns is a new townhome project – Resale homes available
King Road & Bond Crescent, Richmond Hill, ON

Quick Facts
ADDRESS	King Road & Bond Crescent, Richmond Hill, ON
AREA	York Region
BEDS	3 – 4.5 Bedrooms
AVERAGE PRICE PER SQFT	$563 per SqFt
OCCUPANCY	Only 7% to up to 20 % of negotiated purchase price required as your deposit and downpayment balance may come from mortgage
DEPOSIT	$10K w/ Offer $20K in 30 days $25K in 60, 90, 120, & 270 days Bal. to 15% in 365 days
SUITE SIZE RANGE	1306 – 2249 SqFt
STARTING PRICES	Resale homes available

 

Twelve Oaks Towns is an exclusive preconstruction townhome community coming soon to the highly desirable intersection of King Road and Bond Crescent in Richmond Hill, Ontario. Nestled at the edge of the Oak Ridges Moraine, this thoughtfully planned development offers a refined collection of modern townhomes designed for growing families, professionals, and long-term investors seeking space, style, and a strong location.

This new Richmond Hill townhome development will feature a total of 111 townhomes along with 4 semi-detached residences, offering a mix of stacked, back-to-back, and traditional townhome designs. Suite sizes range from approximately 1,306 square feet up to 2,249 square feet, providing flexible layouts suitable for a variety of lifestyles. At launch, pricing began in the high $800,000s, with average pricing around $563 per square foot. The project is currently sold out, reflecting strong demand for quality preconstruction homes in this area.

Twelve Oaks Towns is currently in the preconstruction phase and is planned as a low-density, nature-oriented community that balances modern living with its surrounding natural environment. Its location, design, and limited number of homes make it a highly appealing option for buyers looking to secure real estate in Richmond Hill’s northern corridor.

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Amenities

Twelve Oaks Towns is situated on approximately five acres of land and is surrounded by protected green space along the Oak Ridges Moraine. Many homes will enjoy views of nearby natural reserves, creating a peaceful residential setting that feels connected to nature while still offering modern urban comforts.

The architectural design is contemporary and elegant, with a clean palette of light grey brick, cream cladding, and dark grey accents. Floor-to-ceiling windows are incorporated to maximize natural light, while the exterior finishes give the community a cohesive and upscale appearance. The stacked townhomes feature a modern contrast of materials, while the traditional townhomes and semi-detached homes use warm brick tones paired with neutral cladding for timeless curb appeal.

Interiors are designed with both functionality and style in mind. Homes feature soaring 9-foot ceilings, wide-plank laminate or engineered flooring, stained oak staircases, and thoughtfully designed kitchens with islands or breakfast bars. Designer cabinetry with extended-height uppers, modern ceramic backsplashes, and genuine quartz or granite countertops create a polished kitchen experience ideal for entertaining. Many homes also include private terraces off main living areas, full basements, deep soaker tubs, and two-car parking, adding long-term comfort and value.

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Location & Neighbourhood

Located in Richmond Hill, just north of the Oak Ridges Moraine, Twelve Oaks Towns offers residents access to one of the most naturally rich environments in the Greater Toronto Area. The Moraine stretches over 160 kilometres and provides scenic walking trails, conservation lands, and year-round outdoor recreation. Bond Lake and Lake Wilcox are both nearby, offering waterfront parks, hiking trails, and seasonal activities only minutes from home.

The surrounding neighbourhood is well established and family-friendly, with excellent schools, community centres, and everyday conveniences close by. Residents will find a variety of restaurants, cafés, supermarkets, pharmacies, and banks within a short drive, along with local boutiques and services catering to families. Popular nearby amenities include the Oak Ridges Community Centre, Richmond Green Sports Centre, and the Richmond Hill Centre for the Performing Arts.

Commuters benefit from easy access to major transportation routes, with Highway 404 located just east of the community and Highway 400 to the west. This connectivity allows for efficient travel throughout Richmond Hill, Markham, Vaughan, and the rest of the GTA, making Twelve Oaks Towns an ideal location for both end-users and investors.

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Sophisticated and refined, The Sandbanks is part of our chic Moraine Collection with polished design and exceptional flow from room-to-room. Simple and sleek, with thoughtful use of space, the modern kitchen with island/breakfast bar will be the perfect place to entertain.

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We strongly recommend you as the buyers to be accompanied by a RE/MAX Team Paliwal REALTOR® on the first time when entering a New Home/ Condo sales centre. We as builder’s preferred agents get paid a small fee by the builders BUT our services are absolutely free for you. While on the other hand if you go directly – the sales staff at builder sales centre is looking after the interest of builder – NOT you and they do not disclose many points those may not be in your best interest.  We as your agents will guide you through the selection and the purchase process and negotiate with the builder on your behalf, we will also recommend and introduce you to the top professionals such as lawyers and mortgage agents, Banks.

We are Independent Realtors, part of RE/MAX Realty Specialists inc., Brokerage. We do not represent the builder, we represent you! We gain first VIP Access, Pricing & Incentives to many pre-construction developments throughout the GTA. This offer is not available to Buyers currently working with a Realtor and is not intended to solicit buyers currently under contract.

All renderings, incentives, pricing are subject to terms & conditions and may change at any time without notice – see sales representatives for more details.

All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.

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FAQs

How do I reserve a unit or lot in this project?

Click on “Request Information” – Fill out the form and send us, We will send you more details so that you may select the suites or Lots you are interested in.

What does it mean that RE/MAX Team Paliwal -Gyanesh Paliwal is a “Platinum Agent”?

Platinum agents are the top-selling agents who get preferred status with developers and first access to new projects before regular agents and the public.

How does it benefit me as a buyer to work with RE/MAX Team Paliwal as my Platinum Agent?

Working with us as your Platinum agents give you several benefits

1. You get the highest level of access in the building or in the new home project.
2. You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
3. The best possible incentives and terms.
4. We the agents at RE/MAX Team Paliwal do not represent the builder. We represent you. You benefit from our expertise of being a top selling pre-construction agents and investors since 2007.
5. Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
6. Our services to you as a buyer are free

Do I get a cooling-off period? What is it for?

Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling-off period BUT only in case of high rise Condo units or Condo-Townhomes NOT when you buy Free Hold homes. It’s 10 calendar days, not business days from the time you sign.

The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter

Do I need to have a lawyer?

You don’t need to have a lawyer at the moment that you sign the agreement, however, we always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling-off period when you buy a Condo unit.

Do I need to have a mortgage pre-approval to buy?

95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 30 to 60 days of signing.

Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that we may help you with. Contact us for more details.

Do the prices include HST?

If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is no HST you will have to pay at final closing.

If you are purchasing as an investment, rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.

This money is remitted to the CRA and later on, we may help you and guide you as to how you can apply to the CRA immediately to get this money back. It usually takes about 1 to 3 month to get your rebate back.

What are my closing costs on a pre-construction condo or house?

Closing costs on a pre-construction condo or house will always be much higher than buying similar property under resale or existing ones. The closing cost of a brand new house or Condo will depend on the actual purchase price of the unit/house you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit/house that you are buying.

Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo or house.

Contact RE/MAX Team Paliwal  for more details

Are there any ‘hidden’ costs when buying a pre-construction condo unit or home in Greater Toronto, Canada?

No, there are no hidden fees when buying pre-construction condos or houses because all fees must be disclosed in the agreement of purchase and sale. All purchasers must review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.

Is it possible to assign my condo or house? How much is the assignment fee?

Most condo or house builders do allow you to sell your unit/lot or house before its occupancy by you. This process is called selling by “assignment”.

There is usually an assignment fee and a legal fee associated with selling. Costs may range from $1000-10,000. Contact us for more details.

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